Markets, Morals, or Wealth? Delusions of a Standardized Antitrust Value

Since the 1980s, courts have chosen corporate wealth generation as antitrust's sole value, justifying their choice under "Chicago School" economics, while abandoning counter-values like justice and democracy. The difficult consequences of "Chicago's" univocal corporate...

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Veröffentlicht in:	Review of industrial organization 2001-08, Vol.19 (1), p.3-18
1. Verfasser:	CURRAN, WILLIAM J.
Format:	Artikel
Sprache:	eng
Schlagworte:	Anti-trust legislation Antitrust Capitalism Competition Consciousness Consumers Courts Democracy Economic history Economic justice Economic theory Economic value Economics Efficiency Industrial organization Liberalism Organizational behavior Social ethics Social theories Social welfare Society Standardization Studies Symposium on the Nature of Free-Market Competitive Goals Values Wealth
Online-Zugang:	Volltext
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Beschreibung
Zusammenfassung:	Since the 1980s, courts have chosen corporate wealth generation as antitrust's sole value, justifying their choice under "Chicago School" economics, while abandoning counter-values like justice and democracy. The difficult consequences of "Chicago's" univocal corporate wealth generating "value" are explored in this article, while a broader, multi-valued, antitrust alternative is discussed and proposed.
ISSN:	0889-938X 1573-7160
DOI:	10.1023/A:1011152105045